January 1, 2024

December 2023 Returns and Asset Performance

Major Asset Classes December 2023 Performance Comparison Introduction Stocks Investors have a lot to cheer given that December 2023 market returns made for a positive month, quarter, and year.  The S&P 500 index rallied +4.4% in December, finishing the year up +24.2%.  Key drivers include high US GDP growth, better-than-expected […]
December 6, 2023

S&P 500 Earnings Forecasts – 4Q.2023

S&P 500 Earnings Forecasts – 4Q.2023 Prelude to Earnings Season The S&P 500 index saw year-on-year earnings growth for 4.8% in the third quarter.  It’s now time to consolidate net income forecasts by company for the fourth quarter to see earnings growth estimates for the large-cap index and its eleven […]
December 1, 2023

November 2023 Returns and Asset Performance

Major Asset Classes November 2023 Performance Comparison Introduction November 2023 market returns were broadly positive.  Stocks and fixed income assets had their best performance month of the year.  For example, the S&P 500 index (+8.9%) and the NASDAQ100 Index (+10.8%) benefited from an improved rate outlook, a strong GDP trend, […]
November 3, 2023

October 2023 Returns and Asset Performance

Major Asset Classes October 2023 Performance Comparison Introduction Strong GDP growth in the third quarter is the backdrop for October 2023 market returns.  Still, the U.S. equity markets fell last month, the third monthly loss in a row. Meanwhile, key drivers included mixed third quarter earnings results, surging long-dated yields, […]
October 23, 2023

ETF Fund Flows: October 20, 2023

ETF Fund Flows – October 20, 2023 ETF fund flows define the net dollar inflows and outflows for exchange traded funds over predefined periods.  Fund flows are useful to identify market trends.  The data broadly reveals the rotations investors make as they shift their funds across different assets, market sectors, […]
October 19, 2023

Treasury Yields and the Probability of a Recession

Treasury Yields and the Probability of Recession The Treasury yield curve depicts the interest rates on debt for different maturities.  Analyzing changes in the yield curve can provide valuable insights into the market’s expectations for future economic conditions.  This article explores the relationship between Treasury yields and the probability of […]
October 3, 2023

September 2023 Returns and Asset Performance

Major Asset Classes September 2023 Performance Comparison Introduction September 2023 returns were negative across many asset groups. U.S. equities declined two months in a row for their first quarterly decline since Q3 2022. In addition, rates on long bonds posted their biggest quarterly advance since 2009.  In response, the US […]
September 8, 2023

7 Signs It’s Time To Hire a Financial Advisor

7 Signs Its Time to Hire A Financial Advisor People often wonder if now is the right time for them to hire a financial advisor. And if not now, then when? While almost anyone could benefit from working with a financial advisor, there are certain times in life where it […]
September 1, 2023

August 2023 Returns and Asset Performance

Major Asset Classes August 2023 Performance Comparison Introduction August 2023 returns were negative, ending a 5 month stock market rally.  At one point, the S&P 500 index was down -5.5%, but ended the month down -1.8%. The primary driver of returns was higher borrowing costs , which weighed on the […]
August 2, 2023

July 2023 Returns and Asset Performance

Major Asset Classes July 2023 Performance Comparison Introduction July 2023 returns added to gains seen in June, logging the 5th straight month of gains.  The S&P 500 index was up +3.1% in July and the NASDAQ 100 index up +3.9%, buoyed by resilient GDP growth and a drop in developed […]